Investors remain cautious ahead of earnings and afraid to buy a market top. The Dow traded as low as -94 and only +14 points at the high. Volume was light and there was no excitement as early morning earnings were mixed. We are going to need some better than expected news to lift the market.
We entered the LYFT put position at the high of the day at the open and the stock lost -3.79 for the day. That was a great start to that position.
Stop Loss Updates
Check the graphic below for any new stop losses in bright yellow.
We need to always be prepared for an unexpected decline.
Check the graphic below for any profit stops in green.
We need to always be prepared for a profit exit at resistance.
Current Position Changes
LYFT - Lyft Inc
The long put position was entered at the open.
Full updates on all plays on Wednesday and Saturday. Only closed plays are updated on other days.
BULLISH Play Updates
No Updates to Current Positions
BEARISH Play Updates
No Updates on Current Positions